I'm doing some digging around recent M&A activity, and came across this recent piece:
https://a2globalelectronics.com/shortage-mitigation/2023-semiconductor-ma-activity-intensifies/BROADCOM: GO HARD OR GO HOME.
One of the most monumental tech acquisitions on record is set to take place in July of 2023 with Broadcom’s $61 billion acquisition of VMware — the chipmaker company’s third multibillion-dollar tech deal in just four years. The deal is speculated to be a largely strategic move to both expand Broadcom’s portfolio beyond semiconductors while also blocking competitors from utilizing VMware’s software to make their Fibre Channel Host-Bus Adapters (FC HBAs) run more efficiently.
